Markdown Percentage Is Calculated By

question 73

Multiple Choice

Markdown percentage is calculated by:

• A) dividing the amount of the reduction by the original selling price.
• B) dividing the amount of the reduction by the original cost.
• C) dividing the amount of the reduction by the price after the markdown.
• D) dividing the amount of the reduction by difference between the cost and the original selling price.
• E) dividing the amount of the reduction by the net sales.

---

Definitions:

Cost

The expenditure or price of acquiring, producing, or maintaining something, typically measured in terms of money.

Process Analysis Technique

A systematic evaluation method aimed at understanding and documenting all the aspects of a process to identify improvements.

Customer Interaction

The communication and service exchanges between a business and its customers, critical for understanding needs, resolving issues, and ensuring customer satisfaction.

Information Technology

The use of computers, storage, networking, and other physical devices and infrastructure to create, process, store, secure, and exchange all forms of electronic data.